Real Solution

Real Solution assists financial institution's default

management and loan servicing divisions. Through

outsourcing, consultation services and the creation

of custom business models Real Solution provides

the means which enable financial institutions to reach

their goals.

We provide real solutions, which enable our clients to

operate effectively and efficiently.



Our Solutions



Asset Management

Realtor Finder Services

BPO/AVM Valuations

Cash for Keys Negotiating

Home Retention Closing/Escrow Management

Foreclosure and Bankruptcy Management

Eviction Management

Loss Mitigation









Reporting:

Customizing loan servicing reporting



Consulting: Default Management In-house Consulting

Vision and Business Plan Development







REO Asset Management Solution (RAMS)

REO outsourcing for financial institutions

Nationwide selling of foreclosed properties

Over 4, 100 REO realtors nationwide

Review original appraisal/BPO/AVM

Prepare marketing proposal

Immediate negotiations of all offers received

Including offers countered, rejected, or accepted

Hud-1 and proceeds check delivered at close

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Realtor Finder Solution (RFS)

Locate REO realtors for financial institutions

Over 4, 100 REO realtors nationwide

REO Realtor bank references called and validated

Electronic grading system of realtors

RFS solution used for New REO's, expired listings, deals fallen out

RFS helps reduce hold times on REO assignments

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BPO/AVM Valuation Solution

On REO/ foreclosures/ bankruptcies/ loss mitigation

Assist to shorten life on non-performing loans

Helps pre-marketing team obtain valuations

BPO accuracy verified with timely deliveries

Grade Assigned on Performance

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Cash for Keys Negotiations

Nationwide eviction timetable matrix

Evaluation of eviction attorney fees

Evaluation of principal and interest

Make contact with occupants

Extend offer of cash for keys

Inspect once vacant

Secure property and proceed on BPO

Proceed on obtaining necessary valuations

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Home Retention Solution

Assign Home Retention Counselor

Provide education materials on performing and non performing loans

Provide website locations for additional educational information

Assist with loan modifications



Closing/Escrow Management Solution

Submit purchase contract to closing attorney or escrow.

Monitor progress

Provide updates

Assist with title curative issues

Verify status of loan approval

Forward deed to be signed or provide power of attorney

Deliver Hud-1 and proceeds check



Foreclosure and Bankruptcy Management Solution

Full Management Solution includes:

Hire foreclosure/bankruptcy attorney

Contact borrower when applicable

Manage foreclosure/bankruptcy process

File notice of abandonment when vacant

Provide BPO or AVM prior to foreclosure

Provide status reports

Notify when foreclosure/bankruptcy completed

Grade Attorneys Performance



Partial Management Solution includes:

Brainstorm session to create a real solution



Eviction Management- Nationwide

Evaluate eviction timetable matrix

Assign eviction to attorney

Monitor eviction attorney

Weekly drive by inspections of property

Notify financial institution if abandon

Secure and winterize if necessary

Compare eviction complete date to matrix

Assign grade to eviction attorney



Loss Mitigation Solution

Contact 90 day plus borrowers

Evaluate borrowers situation

Assist collection effort

Assist with loan modification

Assign realtor to property

Prepare hardship case for borrower

Obtain BPO

Submit offer, BPO, and hardship case to financial institution



Reporting

Over 25 different reports available

Customized reports available

Reporting delivered by email or hardcopy when necessary



Consulting

Default Management and loan servicing in-house consulting

Vision and business plan development